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| Midland | | Make sure you have a new policy in | | Malinger: To feign a disability for the |
| Stuart | | place before you cancel your old one | | purpose of continuing to collect |
| Springfield | | to avoid a lapse in coverage. This will | | benefits longer than actually |
| Ogden | | also prevent having to figure out the | | necessary. |
| Billings | | amount of any unused premium that is | | |
| San Bernardino | | due to you from your old insurance | | Index Bureau Experience: A measure |
| Nashville | | company, or having to spar with your | | of losses relating to claims reported |
| Green Bay | | agent about exactly when your policy | | through a claim office during a |
| Des Moines | | was cancelled and how much they | | 12-month period. |
| Fayetteville | | owe you. | | |
| Bethlehem | | | | Inspection: Independent checking on |
| Orange | | Individuals who have 30-year | | facts about an applicant, |
| Cypress | | mortgages might want to consider a | | policyholder, or claimant, usually by a |
| Florence | | 30-year term to ensure that the house | | commercial inspection agency. |
| Kalamazoo | | is protected throughout the period of | | |
| Scranton | | the loan. | | Admitted Company: An insurance |
| Dubuque | | | | company authorized and licensed to |
| Vineland | | Everyone has different needs, and | | do business in a given state. |
| Pasadena | | not one size fits all when it comes to | | |
| Lima | | term life insurance. While it may make | | Tabular Plan: A retrospective rating |
| White Plains | | sense for people in their 30s and 40s | | plan, which uses tables to furnish the |
| Wilmington | | to secure a 20-year term length, a | | various values for the rating formula. |
| Fort Smith | | 10-year term might be more | | |
| Tallahassee | | appropriate for someone nearing | | Partial Loss: A loss covered by an |
| Omaha | | retirement. | | insurance policy which does not |
| Norfolk | | | | completely destroy or render |
| Milwaukee | | People who are trying to quit | | worthless the insured property. |
| Orlando | | smoking, for example, might be best | | |
| High Point | | suited purchasing a shorter term (and | | Absolute Assignment: Assignment by |
| Franklin | | then replacing it with a longer term | | a policy owner of all control of and |
| Portland | | policy when they qualify for | | rights in the policy to a third party. |
| Anderson | | non-tobacco prices). | | |
| Bellevue | | | | Replacement: A new policy written to |
| Worcester | | If you decide to cancel your policy | | take the place of one currently in force. |
| St. Paul | | (after acquiring new coverage) | | |
| Pasadena | | outside of the 30-day period, you may | | |
| Akron | | have to pay a fee or penalty. | | |
| Berkeley | | However, you may still save money | | |
| Portsmouth | | after paying the fee if your new policy | | |
| Williamsburg | | affords you significant savings. So | | |
| Vancouver | | while it is best to wait until your | | |
| Hartford | | receive your renewal notice, you CAN | | |
| Spring Hill | | cancel your policy at any time. | | |
